News
On October 31 the provincial road No. 384, section Dzierżoniów – Łagiewniki was commissioned. The investment was implemented by Polimex-Mostostal.
The Dzierżoniów - Łagiewniki road is of strategic importance for the development of the Dzierżoniów poviat. Its reconstruction will improve communication with the capital of the region and the national road No. 8. It’s improved quality will facilitate the access of investors to the Subzone of the Walbrzych Special Economy Zone.
The project consisted of the…
The Supervisory Board of Polimex-Mostostal SA removed Mr. Bogusław Piekarski, the operational vice-president, from his position on 29 October 2014.
- The responsibilities of Mr. Bogusław Piekarski have been taken by Maciej Stańczuk, the acting President of the Board - Adam Ambrozik says, Chairman of the Board of Polimex-Mostostal.
At the same time Mr. Jacek Czerwonka has been appointed the operational proxy of the management.
- Mr. Jacek Czerwonka, as the head of the Energy Industry Segment of Polimex-…
On Tuesday, October 21 2014, the Financial Supervision Authority announced, on its website, its decision taken on the imposition of a penalty in the amount of PLN 800 000.00 on Polimex-Mostostal SA for the improper performance of duties of information in 2011, as regards the process of disinvestment started in 2011, and irregularities in financial statements for the year 2011.
Reports and Financial Statements for the year 2011 were signed by the board composed of:
Konrad Jaskóła, President of the Board…
Nearly 6.5-kilometer section of DK1 and DK 86 in Tychy is fully passable. Modernization of the road has been completed.
Thorough modernization consisted, inter alia, of performing a new asphalt surface, construction of level crossings, separating local traffic from transit, repairing bridges, construction of a flyover at the intersection of Niepodległości Avenue and three underpasses for pedestrians. With the underground passes, drivers need not to stop at the entire length of the road.
- We are very pleased…
The General Directorate for National Roads and Motorways is to pay Polimex-Mostostal PLN 39,79 million plus statutory interest. Payment order was issued in connection with the claim of the company for the payment of liquidated damages.
Contractual penalty applies to the contract for the construction of the S-69 expressway from Bielsko-Biala to Zywiec. According to the order for payment, GDDKiA (the General Board of National Roads and Motorways in Warsaw) will pay Polimex-Mostostal nearly PLN 40 million, together…
It took 21 hours to concrete the top foundation of the turbine set. This is yet another important stage of the construction of the power unit in Kozienice implemented by Polimex-Mostostal.
-– A turbine and a generator will be mounted on the base, i.e. a turbine set, the unit directly producing electricity - Bogusław Piekarski explains, the Vice President of the Management Board of Polimex-Mostostal SA – This is yet another very important step in building the Kozienice block that will enable us to fully continue…
Two new companies separated from Polimex-Mostostal SA will already begin to operate in October. They will acquire and implement important contracts for Polimex-Mostostal.
Polimex Mostostal SA rebuilds its organizational structure. A holding structure will be a result of the changes. The principal powers of the holding will include specialized engineering design activities in the energy and petrochemical industries with a large share of own workmanship and service activities.
The new companies are: Naftoremont-…
- It is a very important day for us. Investors who choose to purchase our bonds positively evaluate the company's strategy and are confident that the value of the shares of Polimex-Mostostal SA will grow – Maciej Stańczuk says, the Acting President of the Board of Polimex-Mostostal SA – We can say that this is our new opening.
Polimex-Mostostal SA will issue bonds worth PLN 140 million. PLN 81.5 million is the value of bonds convertible into shares, and PLN 58.5 million is the value ordinary bonds. The…
President Bronislaw Komorowski opened the European Solidarity Centre on the 34th anniversary of signing of the August Agreements, the center was built by Polimex-Mostostal.
On 31 August, 1980, in a hall in the historic Gdansk Shipyard, the August Agreements were signed. They ended a two-month wave of strikes in Poland and also started the process of the collapse of communism in our country.
- We are extremely proud that we could contribute to the creation of one of the largest exhibitions presenting recent history…
Reduced financial expenses by 65% in the first half of 2014, as compared to the first half of 2013
Decrease in general and administrative expenses by over 20% in the first half of 2014, as compared to the first half of 2013
Expected further reduction of indirect costs
Negative impact of one-off events on financial results
General and administrative expenses have been significantly reduced (a decrease from approx. PLN 60.5 million to approx. PLN 46 million) and financial costs (down from approx. PLN 84 million to…